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Stories and analysis from The Business Now newsroom.
Business
Global Stock Market Crash Today: Asian Markets Sink as Sensex, Nifty, Nikkei and Shanghai Extend Worldwide Sell-Off
Global financial markets witnessed a broad-based sell-off on Wednesday as investors reacted to rising economic uncertainty, geopolitical tensions, and cautious expectations surrounding central bank policies. Major Asian benchmark indices closed sharply lower, adding to concerns that volatility may continue across global equity markets. Investors worldwide shifted toward safer assets as risk appetite weakened. India’s benchmark...
Business
Bank of England Warns AI Could Threaten Global Financial Stability: What Investors Need to Know
Bank of England Warns AI Could Threaten Global Financial Stability Artificial Intelligence (AI) is transforming industries at an unprecedented pace, but the Bank of England has cautioned that its rapid expansion could also introduce new risks to the global financial system. While AI is expected to boost productivity, improve efficiency, and accelerate innovation, policymakers believe...